Brief: Virco Q1 revenue $23.24 million

Virco Mfg

12/06/2017 14:30

June 12 (Reuters) - Virco Mfg. Corp  VIRC.O : 
    * Virco reports financial results for first quarter of 
fiscal 2018 
    * Q1 revenue rose 12 percent to $23.24 million 
    * Virco Mfg. Corp - preferred early-season indicator of 
overall demand-actual YTD shipments through may plus backlog-was 
up 25% compared to prior year 
    * Qtrly loss per share $0.15 
    * Virco Mfg. Corp- management believes company has 
sufficient capacity and liquidity to provide timely deliveries 
on this higher level of demand 
    * Virco Mfg. Corp - management cautions investors not to 
expect a continuation of what is, as of this report, a 25% YTD 
increase in order rates 
 
Source text for Eikon:  ID:nGNXNXEEJa  
Further company coverage:  VIRC.O  
 
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